After waiting around all day yesterday, trying to beat the rain and enjoy my hardfought US Open tickets (wasn’t meant to be, grrrrr), I thought about this old video I did on Under Armour, Inc. (UA)
Check it out, it’s pretty well done:
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And know that while I was right about UA continuing its 9-month breakout, it basically only went from $55ish to $70ish before its long retreat to the $20s.
What can we learn from this?
1. Making videos is fun
2. Technical analysis and basica fundamental analysis can be good for short-term gains, but it usually stinks longterm…just ask CNBC, the picks on that channel just plain suck.
3. I gotta stick to PennyStocking, it’s just easier!
Posted in Videos